Three weeks ago John bought stock at 491/4; today the stock is valued at 497/8. We could say the stock is performing at which of
the following? A. Below par B. Above par C. Par equality D. On par
2 answers:
Answer:
A. Below par.
Step-by-step explanation:
We have been given that 3 weeks ago John bought stock at 491/4; today the stock is valued at 497/8.
Let us find change in stock's value by subtracting present value from the value of stock 3 weeks ago.

Let us have a common denominator.




We can see that stock's value has decreased, therefore, the stock is performing below par and option A is the correct choice.
The correct answer on my test was Above Par
You might be interested in
Answer:
The graph of g is translated down 5 units from the graph of f and stretched horizontally
Step-by-step explanation:
was correct on test :)
pls brainliest XD
.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.~.
Answer:
a = ±10/9
Step-by-step explanation:

Answer:
6 cups of sugar left
hope this helps
Answer:
3 1/5
Step-by-step explanation: